Canadian Prime Minister Justin Trudeau addressed the South Korean parliament and will hold a summit with South Korean President Yoon Suk Yeol later this Wednesday. Canada and South Korea could form mutually beneficial trade relations considering the vast natural resources of the North American country and the semiconductor expertise of the East Asian nation.
Maginito will increase ownership in HyProMag from 42 percent to 100 percent.
The Australian company has signed an agreement with the US company Noveon Magnetics. Processing of the alloy will take place in South Korea.
Neo Performance Materials has reported figures for the first quarter of 2023. The Canadian company, which specializes in the production of metal alloys and rare earth magnets, reported an operating loss of $4 million from January through March. However, the company reports positive developments in the expansion of its rare earth sector.
On behalf of the German “Wissenschaftsplattform Klimaschutz” (Climate Protection Science Platform), the Kiel Institute for the World Economy (IfW) has investigated the risks posed to Germany on the path to climate neutrality by imports of critical raw material.
Tens of thousands of tons of lithium, nickel and cobalt to be recycled in Sardinia.